General Motors (NYSE:GM) Given New $60.00 Price Target at Wells Fargo & Company

Posted by Bonnie Powley on Jun 25th, 2026

General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) had its price objective boosted by Wells Fargo & Company from $59.00 to $60.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has an “underweight” rating on the auto manufacturer’s stock. Wells Fargo & Company‘s target price points to a potential downside of 24.90% from the stock’s previous close.

A number of other analysts have also recently commented on the company. Deutsche Bank Aktiengesellschaft raised General Motors from a “hold” rating to a “buy” rating and upped their price target for the company from $83.00 to $90.00 in a research note on Tuesday, April 14th. Royal Bank Of Canada reissued an “outperform” rating and set a $95.00 price objective on shares of General Motors in a research note on Friday, June 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of General Motors in a research note on Tuesday, April 21st. The Goldman Sachs Group cut their target price on shares of General Motors from $104.00 to $91.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Finally, Citigroup lifted their price target on shares of General Motors from $108.00 to $131.00 and gave the stock a “buy” rating in a research report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, General Motors currently has an average rating of “Moderate Buy” and a consensus target price of $95.70.

Get Our Latest Stock Analysis on GM

General Motors Trading Up 1.2%

Shares of General Motors stock traded up $0.95 during trading on Thursday, reaching $79.90. 1,912,881 shares of the company were exchanged, compared to its average volume of 8,004,992. The business has a 50-day moving average price of $79.35 and a 200-day moving average price of $79.36. The firm has a market capitalization of $72.04 billion, a price-to-earnings ratio of 32.33, a P/E/G ratio of 0.40 and a beta of 1.30. The company has a quick ratio of 0.99, a current ratio of 1.15 and a debt-to-equity ratio of 1.41. General Motors has a twelve month low of $47.72 and a twelve month high of $87.62.

General Motors (NYSE:GM – Get Free Report) (TSE:GMM.U) last released its earnings results on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share for the quarter, beating the consensus estimate of $2.61 by $1.09. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The firm had revenue of $43.62 billion for the quarter, compared to analyst estimates of $43.51 billion. During the same quarter in the prior year, the firm posted $2.78 earnings per share. The company’s quarterly revenue was down .9% on a year-over-year basis. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS. Sell-side analysts anticipate that General Motors will post 12.85 EPS for the current fiscal year.

Insider Buying and Selling at General Motors

In other news, CEO Mary T. Barra sold 99,239 shares of the business’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $85.10, for a total transaction of $8,445,238.90. Following the transaction, the chief executive officer directly owned 592,242 shares in the company, valued at $50,399,794.20. The trade was a 14.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Christopher Hatto sold 6,895 shares of the firm’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $85.00, for a total transaction of $586,075.00. Following the completion of the sale, the chief accounting officer owned 25,794 shares of the company’s stock, valued at $2,192,490. This trade represents a 21.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 697,388 shares of company stock worth $57,752,596. Insiders own 0.54% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Norges Bank acquired a new position in shares of General Motors in the fourth quarter valued at $918,724,000. Viking Global Investors LP boosted its holdings in shares of General Motors by 81.1% during the 2nd quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock worth $640,659,000 after buying an additional 5,830,050 shares during the period. Life Cycle Investment Partners Ltd acquired a new position in General Motors in the 4th quarter valued at about $309,380,000. Two Sigma Investments LP grew its stake in General Motors by 348.4% in the 3rd quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer’s stock valued at $216,393,000 after buying an additional 2,757,695 shares during the last quarter. Finally, SEB Asset Management AB bought a new position in General Motors in the 1st quarter valued at about $171,892,000. 92.67% of the stock is currently owned by institutional investors.

General Motors News Summary

Here are the key news stories impacting General Motors this week:

Positive Sentiment: GM unveiled the 2027 GMC Sierra 1500 with new V-8 engine options and refreshed styling, a sign it is investing in one of its most important truck franchises and trying to keep pricing power strong in a key profit center. GM reveals 2027 GMC Sierra pickup with new V-8 engines, redesigned styling
Positive Sentiment: GM said it will add 3.5 billion reais, or about $675 million, to its Brazil investment plan through 2028, boosting hybrid production and factory modernization, which could improve long-term capacity and regional growth. GM adds $675 million to Brazil investment plan
Positive Sentiment: GM also announced a $275 million investment in Spring Hill operations and added future Cadillac production there, reinforcing its commitment to U.S. manufacturing and premium vehicles. GM invests $275 million in Spring Hill operations, adds future Cadillac production
Neutral Sentiment: Reports highlighted GM’s expansion into energy, grid services, battery recycling, vehicle-to-grid technology, robotics, and even possible defense-related plant repurposing, which could create optionality but is still early and execution risk remains. Should GM’s Push Into Energy, Grid Services, and Defense Work Require Action From General Motors (GM) Investors?
Neutral Sentiment: Analysts are revisiting GM’s valuation as battery, software, and autonomous-technology bets draw debate, suggesting expectations are shifting but not yet settled. General Motors (GM) Stock Sees Split Analyst Revisions As Battery And Software Bets Draw Debate
Negative Sentiment: GM is facing competitive pressure in the U.S. market, with a new forecast showing Toyota gaining ground while GM’s U.S. sales are expected to decline, which could raise concerns about share loss. Toyota is gaining on General Motors in U.S. sales: ‘GM may be looking over their shoulder’
Negative Sentiment: Additional headlines about layoffs tied to automation and broader worries about Detroit automakers losing truck and SUV momentum may also add pressure to sentiment around GM. General Motors Layoffs: Inside The Automation Shift Linked To More Than 1,000 Job Losses

About General Motors

(Get Free Report)

General Motors Company (NYSE: GM) is a global automotive manufacturer headquartered in Detroit, Michigan, that designs, builds and sells cars, trucks, crossovers and electric vehicles, and provides related parts and services. Founded in 1908, GM has long been one of the world’s largest automakers and has evolved into a multi-brand company whose primary marques include Chevrolet, GMC, Cadillac and Buick. Beyond vehicle manufacturing, GM’s operations encompass vehicle financing, connected services and advanced mobility initiatives.

GM develops and markets a broad portfolio of products and technologies, including internal-combustion and battery-electric vehicles, vehicle components and on-board connectivity services.